7935 East Dr 504, North Bay Village, FL 33141 — MLS photo

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7935 East Dr 504, North Bay Village, FL 33141

Active · Condominium

$1,195,000

7935 East Dr 504, North Bay Village, FL 33141

Beds
3
Baths
3
Living area
1,840 sq ft
$ / sq ft
$649/sq ft
Year built
2009
Lot size
—
HOA fee
$2,204
Annual tax
—

About this property

REFINED MODERN WATERFRONT LIVING AT CIELO IN NORTH BAY VILLAGE! Encompassing 1,840 SF of interior space, this Exceptional 3-bedroom, 3-bathroom corner residence faces east, south, and west, flooded with natural light and offering stunning sunrise-to-sunset views. Two expansive terraces. This move-in-ready residence features a newly remodeled kitchen. Expansive floor-to-ceiling windows showcase the water from every room. Private elevator entry. 2 premier parking spaces, the best in the building. Dedicated storage unit. The home has recent updates, including the A/C system, hot water heater, washer, dryer, and dishwasher, offering peace of mind for years to come. Residents enjoy a boutique lifestyle in an intimate, well-managed building of just 35 units with strong financials. Recent updates include a renovated lobby, new roof, and upgraded docks. Amenities include a rooftop pool and jacuzzi with panoramic views, a steam room, private boat docks, a fitness center, and a community room. Ideally located near top-rated schools, including Miami Country Day School, this property combines luxury, location, and lifestyle. A rare opportunity to own a beautifully updated waterfront condo in a sought-after, meticulously maintained building.

Property location

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7935 East Dr 504, North Bay Village, FL 33141

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,840 sq ft

Exterior & Structure

Property type
Condominium
Year built
2009

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$2,204
County
Miami-Dade
MLS listing ID
A11990425
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$4,520

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.2%
Gross yield
6.6%
Mortgage payment
$5,665/mo
Down payment
$298,750
Loan amount
$896,250
Annual NOI
$13,740

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.